RSG, WM, FAST And WY, Pushing Materials & Construction Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 126 points (-0.8%) at 15,723 as of Friday, Jan. 31, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,087 issues advancing vs. 1,837 declining with 186 unchanged.

The Materials & Construction industry currently sits up 0.2% versus the S&P 500, which is down 0.5%. A company within the industry that fell today was Cemex S.A.B. de C.V ( CX), up 0.7%. A company within the industry that increased today was DR Horton ( DHI), up 3.7%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Republic Services ( RSG) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Republic Services is down $0.32 (-1.0%) to $31.89 on average volume. Thus far, 790,881 shares of Republic Services exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $31.64-$31.91 after having opened the day at $31.87 as compared to the previous trading day's close of $32.21.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $11.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are down 3.0% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Republic Services a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Republic Services Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

3. As of noon trading, Waste Management ( WM) is down $0.26 (-0.6%) to $41.52 on light volume. Thus far, 622,409 shares of Waste Management exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $41.16-$41.55 after having opened the day at $41.34 as compared to the previous trading day's close of $41.79.

Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $19.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are down 6.9% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Waste Management a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, reasonable valuation levels, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Waste Management Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Fastenal Company ( FAST) is down $0.35 (-0.8%) to $43.91 on light volume. Thus far, 789,695 shares of Fastenal Company exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $43.51-$44.09 after having opened the day at $43.86 as compared to the previous trading day's close of $44.26.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Fastenal Company has a market cap of $13.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 29.3, above the S&P 500 P/E ratio of 17.7. Shares are down 7.0% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Fastenal Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fastenal Company Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Weyerhaeuser ( WY) is down $0.85 (-2.8%) to $29.92 on average volume. Thus far, 2.0 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $29.66-$30.27 after having opened the day at $29.93 as compared to the previous trading day's close of $30.77.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $17.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 26.8, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts that rate Weyerhaeuser a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Weyerhaeuser Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

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